Quote:
Originally Posted by Caymus
Monahan did not come off well during the CNBC interview today.
How much control does he have over PGA decisions? He seems like an empty suit.
|
I didn't see the interview. He's the man and makes all the calls. He essentially answers to no one.
He's a local guy from Boston and a lot of my friends know him. I've met his father a few times. "Empty suits" apparently run in the family.
He's been a disaster, since the day he took over the PGA Tour, in my opinion..
When all the truth comes out about this merger, it's going to be all about ending the litigation, to keep the "truth" from becoming public.
The PGA Tour is a 501(c)6 corporation (tax exempt, non-profit), with over $500,000,000 in cash reserves, revenue of over $2B/year, pay their CEO $10M/year and they don't pay any taxes.
(The new "merger" corporation is not going to be "non-profit")